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$ 599,900
Est. payment /mo
Price Dropped by $60K
32 Greenwood Street Naugatuck, CT 06770
12 Beds
8 Baths
5,248 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 5,248 sqft
Price per Sqft $114
MLS Listing ID 24166171
Style Other
Bedrooms 12
Full Baths 8
Year Built 1910
Annual Tax Amount $14,506
Lot Size 5,662 Sqft
Property Sub-Type 5 Family+
Property Description
Exceptional value-add opportunity at 32 Greenwood St in Naugatuck, CT. This 8-unit property is perfectly positioned for a full reposition, offering a rare chance to take control of a mostly vacant building and maximize returns. The current unit mix consists of one-bedroom and two-bedroom units, with the ability to convert additional units into two-bedrooms to significantly increase rental income and overall asset value. The majority of units have been vacated, and the property will likely be delivered with minimal occupancy-allowing for a clean, efficient renovation and lease-up strategy without the challenges of tenant turnover. This is a high-upside asset with strong rental potential and significant equity to be created, offering investors the opportunity to step into a scalable project and fully control the reposition from day one.
Location
State CT
County New Haven
Zoning R15
Rooms
Basement Full, Unfinished
Interior
Heating Hot Air
Cooling Window Unit
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Sloping Lot
Foundation Concrete, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Sean Doran • Social & Co Realty
NEARBY SCHOOL & BUSINESS